Verizon Leases 143,000 SF Office Space At 155 Delancey St. In Lower East Side With Cushman & Wakefield's Reps

Located at 155 Delancey Street in the Lower East Side, the recently leased office space is a noteworthy asset in the area. Spanning over 143,000 square feet, the property was leased by Verizon's CEO, Hans Vestberg, for a term of 20 years. The asking rent for the space was $80 per square foot, showcasing the value of this transaction.

Summary of Transaction Details:

• Property Type: Office
• Transaction Amount: N/A
• Address: 155 Delancey Street
• Market: Lower East Side
• Tenant: Verizon - Hans Vestberg
• Landlord: Taconic Partners, L+M Development, The Prusik Group, BFC Partners & Urban Investment Group
• Brokers: Josh Kuriloff, Andrew Braver & Peyton Horn - Cushman & Wakefield
• Asking Rent: $80/ft.

The leasing deal was facilitated by brokers Josh Kuriloff, Andrew Braver, and Peyton Horn from Cushman & Wakefield, who represented Verizon and Hans Vestberg. Their expertise in the market and negotiation skills contributed to the successful conclusion of this transaction.